Silver 

The action on the reddit portal gave a noticeable effect. This is not just a slight raise in price. The action resulted in the break of the last peak that was defended.

Personally, I don’t know how to look at it, because there are two sides to the confusion. On the one hand, retailers who are able to move the market together. Someone wrote that the value of the GaneStop company and made it famous. Then someone wrote to move the silver and it happened as well. But if you look at it from the other side? People who were focused on further increases in gold and silver after the boom in 2020 could be left with many positions that did not earn. If in this situation someone threw the idea to inflate the rate with the money of retail investors, he had the other side of the transaction. The action on reddit was successful and the stock could be sold at a very good price in its entirety without causing heavy losses during profit taking.

I don’t know what to think about it. At the moment, the price has stopped in the support zone, but in a highly speculative market, technical analysis may not be effective.